Background Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001‚ Mary Linn‚ the vice President of Finance for Ocean Carriers was evaluating the purchase of a new capsize carrier for a three years lease proposed by a motivated customer. The leasing contract offers very attractive terms‚ but no ship in Ocean Carrier’s current fleet met the customer’s requirements. In addition‚ this proposed contract is only for three years. Therefore
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While writing The Killing Sea‚ Richard Lewis used history as a reference to steer his writing by putting in characteristics of the 2004 Indian ocean tsunami. On page 1‚ the setting is developing in Meulaboh‚ Ujung Karang; a small city just off the coast of the Indian ocean. “In the distance‚ beyond the shacks and houses of Ujung Karang‚ moonlight glittered on the sea.” Later on‚ Richard incorporates some of the aftereffects of the tsunami. “Before‚ the jungle floor had been shrouded in shadow. Now
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CHAPTER 31 OCEAN CURRENTS TYPES AND CAUSES OF CURRENTS 3100. Definitions The movement of ocean water is one of the two principal sources of discrepancy between dead reckoned and actual positions of vessels. Water in motion is called a current; the direction toward which it moves is called set‚ and its speed is called drift. Modern shipping speeds have lessened the impact of currents on a typical voyage‚ and since electronic navigation allows continuous adjustment of course‚ there is less need to
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CCOT Study guide Enlightenment thinking and revolution : Continuity : french revolution that went against the traditional monarchy did not create any enduring representative institutions. The revolution resulted in the rise of Napoleon‚ who became the emperor of france women continued to have little to no rights compared to men slavery had still endured in the Americas until past the 1850s Change : people‚ inspired by enlightenment ideas‚ started to challenge traditional monarchy
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grassland‚ tundra. Then these six groups are broken down a bit father. In this paper we will discuss part of the marine biome which is the ocean biome. When one thinks of very large bodies of water such as the ocean‚ we are talking about marine biomes. Instead of freshwater it contains saltwater. They also include the coral reefs and estuaries. The ocean biome is the largest of all of the worlds. Which makes sense considering that the majority of the world surface is made up of water. Due to
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surface. It includes all five oceans the Arctic‚ Indian‚ Southern‚ Atlantic‚ and Pacific. In it There are many many types of fish and also some mammals. The oceans span wide and deep. There are also plants in the ocean. The ocean is a vast and mysterious place where we are still discovering many things about it everyday. The physical attributes of the ocean depend on which ocean you explore‚for example the Arctic ocean is very cold but the Pacific ocean is warm. In the ocean there is a deep portion and
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Even though many things stayed the same during the time period of 1492 to 1750‚ more changes occurred during this time period. An example of continuity during this time period is how Spain continued to try to spread Christianity. They spread Christianity to the Americas in an attempt to convert them from “savages”. They expelled anyone who did not follow their religion just as Spain had for years. Conquistadors continued to spread this religion throughout the New World and also killed any opposition
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600–1450 Time Period – 22% of the Exam Cram Packet Nature and causes of changes in the world history framework leading up to 600–1450 as a period: Major events which caused change: Islam emerges; Islamic empire emerges Industrial Revolution in China (Sung dynasty) Spread of Neo-Confucianism (in China) – mixture of Confucianism with some Buddhism Schism in Christianity (when the east and the west churches divided into Roman Catholicism and Eastern Orthodox Christianity; they divided over the
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The time period of 1492 to 1750 was a time of global transformation as well as continuity in the social and economical aspects. Regions such as Africa‚ Western Europe‚ and the Americas changed because of the many affects the Colombian Trade. Different imports and exports that each region had drastically changed much of the economic and social aspects of the time. These regions followed a path of continuity in many things and because of the ever-expanding communication going on‚ social structures
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REPORT ON CAPESIZE PURCHASE FOR OCEAN CARRIERS Introduction The purpose of this report is to evaluate whether Ocean Carriers Inc. should immediately commission a new capesize carrier that would cost $39 million‚ and would be completed two years hence‚ in order to finalize a lease of the ship for a three-year period with a potential charterer in very good faith. The contrasting tax regulations between the two countries where the company locates its office‚ and the different cost-benefit circumstances
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